Prime Income-Producing Property in Carrollwood with an Amazing Cap Rate of 7. 39%!
Discover the perfect blend of luxury, style, and unbeatable investment potential in this stunning 5-bedroom, 3-bathroom, 2-car garage home nestled in the heart of Carrollwood, one of Tampa's most desirable neighborhoods. Offering over 3, 500 sq. ft. of beautifully designed living space, this property isn’t just a home—it’s an opportunity to grow your portfolio with solid rental income.
As you arrive, the curb appeal is undeniable—lush landscaping and an elegant arched entryway greet you like an invitation to something truly special. Step inside the expansive foyer, where natural light floods the space from large windows overlooking a private, screened-in courtyard. The gleaming marble tile flooring throughout the first floor radiates a modern yet timeless sophistication.
Living Spaces Designed to Impress
The spacious living room features vaulted ceilings, a cozy wood-burning fireplace, and dual sets of French doors opening to the courtyard and a Florida room. The heart of the home—the kitchen—is a true masterpiece, imported from Italy and tailored for chefs and entertainers alike. From sleek stainless-steel appliances to a sprawling island with a prep sink, this space has it all. Bonus points for the walk-in pantry, a dream come true for any organizer.
Host effortlessly in the adjacent dining area, which offers ample space for everything from intimate dinners to grand celebrations. Two generously sized bedrooms and a newly renovated full bath are conveniently located on the first floor, along with a large laundry room.
A Retreat on the Second Floor
Upstairs, the primary suite is nothing short of luxurious, with a large walk-in closet and a spa-like en-suite bathroom featuring dual vanities, dual rain showerheads, and modern finishes. The second floor also offers two additional bedrooms, a flex/bonus area perfect for movie nights, and another brand-new bathroom.
Extensively Renovated—Move In and Relax
This home has been updated top-to-bottom with ALL NEW everything:
• Roof (10-year warranty)
• HVAC system (transferable warranty)
• Electrical, plumbing, flooring, and a redesigned floor plan
• Italian-imported kitchen, luxury wood-look vinyl plank flooring, and much more
Request the full list of upgrades—this property is worry-free and ready to generate immediate returns!
Location, Location, Location
Perfectly situated with easy access to I-275 and the Veteran’s Expressway, you’re just minutes from Tampa International Airport, USF, shopping, dining, and Tampa’s award-winning beaches. Plus, it’s a short drive to Disney and Florida's top attractions.
Whether you're an investor looking for a solid income-producing property or a homeowner ready to enjoy a turnkey lifestyle, this property offers it all with an impressive cap rate of 7. 39%. Schedule your private showing today and let this gem in Carrollwood shine for you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.510% | 6.599% |
Monthly Tax Payment | $733 | $733 | $733 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,354 | $4,242 | $5,877 |
Total Monthly Payment | $5,179 | $5,067 | $6,702 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.